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Statement of Adjustments: One sheet, zero surprises
Understand every credit and debit so you know exactly what to bring on keys day.
GacherVubon Team·06 Nov 2025· 1 min read
What is the Statement of Adjustments?
It’s the final closing sheet your lawyer uses. It lists purchase price, deposits, taxes, fees, and the balance due on closing.
Why totals change
Prepaid items like property tax or condo fees get prorated to your keys day. That’s why numbers move.
Quick example
Price 600k, deposits 20k, taxes/fees 10k, tax adjustment 300 → the balance due reflects all credits and debits.
closingbuyerschecklist
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